2 Days Ago
Highlights
- Spacious kitchen
- Generously sized dining area
- Fenced-in yard
- Attractive tile flooring
- Detached 2-car garage
- Convenient laundry closet
Location
531 Wallace St, Chicago Heights, IL 60411, USA
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Amenities for 531 Wallace St
Features
| Central Air | Natural Gas |
Appliances
| In-Unit Laundry |
Community
| Exterior Type: Frame | Laundry Room |
| Onsite Laundry |
Grounds
| 2 Parking Spaces | Garage Parking |
| Outdoor Space | Storage |
Other
| Roof Type: Asphalt | Six Rooms |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
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About 531 Wallace St
Property Status: Active Recently rehabbed and move-in ready ranch rental available now! This beautifully refreshed 3 bedroom, 1 bathroom home offers comfort, convenience, and functional living space throughout. Enjoy a fenced-in yard perfect for relaxing or entertaining, along with a detached 2-car garage providing ample parking and storage. Step inside to discover fresh paint, attractive tile flooring throughout, and an abundance of natural light flowing through the home. The spacious kitchen features plenty of cabinet and counter space along with a generously sized dining area ideal for everyday meals or gatherings. The home also includes three spacious bedrooms, a full bathroom with easy walk-in access, and a convenient laundry closet. A wonderful rental opportunity with stylish updates and plenty of space to call home! Office Phone: (888) 574-9405 Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 531 Wallace St compares to other nearby properties.
Positives
- High school nearby
- There is a high school 1 mile away
- Images Available
- There are at least 10 photos of this address
- Laundry available on site
- Washers and dryers are available in-building or in-unit
Address details
| Zip code | 60411 |
|---|---|
| Type | House for rent |
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Rent trends in Chicago Heights
3-bedroom apartments at 531 Wallace St cost about 11% more than the average rent price for 3-bedroom apartments in Chicago Heights.
Median rents as of May 16 2026.
Chicago Heights
| Month | Median Rent |
|---|---|
| June 2024 | $1,702 |
| July 2024 | $1,570 |
| August 2024 | $1,623 |
| September 2024 | $1,465 |
| October 2024 | $1,537 |
| November 2024 | $1,538 |
| December 2024 | $1,600 |
| January 2025 | $1,600 |
| February 2025 | $1,550 |
| March 2025 | $1,601 |
| April 2025 | $1,565 |
| May 2025 | $1,867 |
| June 2025 | $1,956 |
| July 2025 | $1,740 |
| August 2025 | $1,853 |
| September 2025 | $1,957 |
| October 2025 | $2,007 |
| November 2025 | $1,769 |
| December 2025 | $1,625 |
| January 2026 | $1,832 |
| February 2026 | $1,814 |
| March 2026 | $1,800 |
| April 2026 | $1,800 |
| May 2026 | $1,800 |
Affordability calculator
Can I afford to live at 531 Wallace St?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$80,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $80,000 annually to afford this 3-bedrooms monthly rent price of $2,000.
For more information on rent affordability, visit our rent calculator.
Schools near 531 Wallace St
Longwood Elementary School
441 n longwood dr
glenwood, IL, 60425
PK, K-4Public
C-
Algonquin Primary Center
170 algonquin st
park forest, IL, 60466
PKPublic
Wolcott School
200 n wolcott st
thornton, IL, 60476
PK, K-8Public
B-
Sandridge Elementary School
2950 glenwood dyer rd
lynwood, IL, 60411
PK, K-8Public
C-
Lincoln Elementary School
410 157th st
calumet city, IL, 60409
PK, K-8Public
C-
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Internet available near 531 Wallace St
Getting around Chicago Heights near 531 Wallace St
Walking
4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
2/10
There are a few mass transit options within the area.
Points of interest for 531 Wallace St, Chicago Heights
Groceries
5/10
At least one supermarket within a 20-minute walk
Shopping
2/10
Some shops within walking distance
Cafes
3/10
Some cafés within walking distance
Restaurants
4/10
Some restaurants within a few minutes’ walk
Primary schools
3/10
At least one elementary school within a 30-minute walk
High schools
3/10
At least one high school within a 30-minute walk
Parks
10/10
Exceptionally large amount of park space within a few minutes’ walk
Nightlife
3/10
Some bars within walking distance
Explore the area around 531 Wallace St
D & D Food Shop
1023 S Halsted St
Country Squire Food Market
101 W Joe Orr Rd
La Tapateia Supermercado Inc
19384 S Halsted St
Laloma Meat & Produce
11 W 16th St
Heights Fresh Market
1657 Chicago Rd
Fara Fashion
613 Chicago Rd
DTLR
125 & 127 Joe Orr Road
Family Dollar
175 W Joe Orr Rd
Rainbow
149 W Joe Orr Rd
Lady First
159 W Joe Orr Rd
Dunkin'
120 N Halsted St
Starbucks
581 W Lincoln Hwy
Dunkin'
431 W Lincoln Hwy
Mia's Cafe
323 E Glenwood Lansing Rd
Dunkin'
3225 Chicago Rd
Lavue Bar & Grill
707 S Halsted St
Jimmy's Restaurant
410 W Lincoln Hwy
Mia's Cafe
323 E Glenwood Lansing Rd
Paulie's Pub
2736 Chicago Rd
3 Monkeys
2826 Chicago Rd
Daisy's Bakery 2
209 W 15th St
My Life Nutrition Center
2015 Chicago Rd
One Happy Tail Dog Bakery
40 N Glenwood Ave
Hi-Way Bakery
2633 Chicago Rd
Walmart Deli
21000 Western Ave
Park
Park
Park
Sangamon Play Area
Joe Orr Woods
Brown's Chicken
600 S Halsted St
Paleteria Y Neveria
806 S Halsted St
Marnell's Carryout
849 S Halsted St
Marnell's Restaurant
849 S Halsted St
Arby's
207 S Halsted St
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